On the potential pitfalls in estimating β-convergence by means of pooled and panel data

We show that the use of pooled and panel data in estimating β-convergence across countries (or other territorial areas) may involve some pitfalls, since these techniques cannot properly distinguish between actual convergence and the possibility of decreasing growth rates over time within each country (or territorial unit). We also show how the possible bias in the estimates can be eliminated.

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Year of publication:	2007
Authors:	Bianchi, Carluccio ; Menegatti, Mario
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 14.2007, 13, p. 963-967
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005468240